Online gaming firms see revenue fall, layoffs since GST hike: Report
By
Isha Sharma
Bengaluru: Ahead of the upcoming GST Council meeting which will review the tax rate on online gaming, a report revealed that half of Indian online gaming companies surveyed saw a decline in their profits, and a majority reported their share of Goods and Service Tax outgo to be 50-100% of their revenues.
m in April-May 2024.